Post
Topic
Board Service Discussion
Re: Is cloud mining worth it?
by
Hazir
on 13/09/2016, 14:48:14 UTC
But thoae cloudmining one's are giving so much low roi and i think its not worth to wait since the profit are less and time would be worthless for this kind of investment and sometimes some of cloudmining sites these days are scam so people should really need to b aware for this fake scheme since many scammers joined and grab the oppurtunity and make a site named it as cloudmining, and also im kinda bit confused on cloudmining these days since those industry are on bit collapsing stage.
Calling cloud mining an "industry" is a little too much. Maybe in the past it was shaping into branch of bitcoin mining with few companies, but not anymore.
As some of them turned out to be lying as well.

The problem is how extremely easy is create cloud mining scam - you just need nice looking website and it's almost guaranteed that some fresh bitcoin enthusiast will fell for it.
Even if fake cloud mining will earn $100 from single scam is well worth it and it fuel chain creation of another fake services.

Just look at this: